Alibaba Unveils New Quark

Alibaba Group (BABA) has released the latest version of its Quark AI assistant mobile application, called New Quark, as part of its ongoing push to stay competitive in the rapidly growing AI market.

New Quark uses Alibaba’s latest flagship Qwen AI model and integrates deep thinking, task execution and a chatbot. It also retains existing features such as image generation and travel planning.

The new version will roll out in phases, with a pilot beginning on March 13.

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India Is The New Luxury Hotspot

🇮🇳 🇮🇳 With the world’s fastest-growing ultra-high-net-worth population, India is among the new luxury hotspots, drawing an influx of international retailers. Sixty brands have entered the country since 2020 and 27 of them in the last year alone, shows JLL India data

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HSBC Is Undervalued

🇬🇧 🇬🇧 According to a consensus of analysts, HSBC is undervalued by around 12%. HSBC is placing some investment bankers on short-term contracts and will cut many vice chair roles as part of its overhaul

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Global Businesses Brace For Impact As Trump’s $1.4 Trillion Tariff Storm Looms

🌍 🌎 Companies worldwide are scrambling to protect themselves from President Trump’s chaotic tariff policies, preparing for worst-case scenarios while grappling with uncertainty due to frequent policy changes and exemptions

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Ferrari Revs Up Defenses As EU Auto Giants Face Looming Tariff Storm

🏎️ 🏎️ BREAKING: The chief executive of Ferrari on Thursday said the company was prepared for potential U.S. tariffs on European automakers

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Crypto Giant Binance Lands Record-Breaking $2 Billion Pledge from Abu Dhabi’s MGX

🇨🇳 🇦🇪 Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, in what marks the cryptocurrency exchange’s first institutional investment and the “single largest investment” ever paird in crypto

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Intel’s CEO Surprise: Options Traders Bet Big on Bullish Move

🧠 🧠 Options traders were already buying Intel calls on March 10, 2025, totaling 66.46% of the total traded volume, even before the announcement for the new CEO was made

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Hedge Funds Dump Crude Long Positions

Hedge funds’ long-only positions in WTI Crude Oil dropped to 172,576, in the week ending March 4, near the lowest since 2010.

Long positions have dropped by a MASSIVE ~100,000 over the last few weeks as oil prices have declined.

Since mid-January, oil prices have fallen 17%, to $67, near the lowest since September 2024.
This marks a 7-straight week decline, matching the streak recorded in October-November 2023.

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